Aviva Launches $50M Tokenized Sterling Fund on XRP Ledger
Aviva Investors has tokenized a £50 million sterling liquidity fund on the XRP Ledger, marking a significant expansion of its partnership with Ripple.
Aviva Investors has tokenized a £50 million sterling liquidity fund on the XRP Ledger, marking a significant expansion of its partnership with Ripple. XRP (XRP) is trading at $1.33. This is an original TLT brief based on reporting by CoinCodex, with live market data added, as of Wed, 28 Oct 2026 04:15:02 UTC.
This development highlights the growing adoption of tokenized assets and the increasing role of blockchain technology in traditional finance. It also underscores Ripple's strategic push to position its ledger as a platform for institutional-grade tokenized products.
- Aviva launches $50M tokenized sterling fund on XRP Ledger
- Move expands Aviva's partnership with Ripple
- XRP price up 2.56% in 24 hours amid broader market gains
- Tokenized assets gaining traction in traditional finance
- XRP Launches on X as Ripple Highlights Decade of Ledger Development
- Aviva Investors Launches Tokenized Sterling Fund on XRP Ledger
- Aviva Launches $50M Tokenized Sterling Fund on XRP Ledger — this brief
Aviva Investors has announced the launch of a tokenized sterling liquidity fund on the 
XRP Ledger, backed by a £50 million investment. This move represents a significant expansion of Aviva's existing partnership with Ripple, the company behind the XRP cryptocurrency.
The tokenized fund is designed to provide institutional investors with access to liquidity through a blockchain-based platform. This development is part of a broader trend of traditional financial institutions exploring the use of tokenized assets to enhance liquidity and operational efficiency.
The announcement comes as multiple outlets report on the growing adoption of tokenized assets. While CoinCodex focuses on Aviva's initiative, NewsBTC highlights a similar move by HashKey RWA, which launched the first product in its hToken series linked to Class A units of HashKey Fintech Opportunities.
The XRP Ledger, known for its low transaction costs and fast settlement times, is increasingly being used for tokenized asset projects. This development supports Ripple's strategic goal of positioning its technology as a leading platform for institutional-grade tokenized products.
In the current market context, the total cryptocurrency market cap stands at $2.78 trillion, with 
Bitcoin up 1.20% in the last 24 hours. XRP, the native token of the XRP Ledger, has seen a 2.56% increase in the same period, reaching a price of $1.33 and a market cap of $84.41 billion. The Fear & Greed Index remains at 51, indicating a neutral market sentiment.
Since this brief published about 37 hours ago, XRP (XRP) has moved from $1.33 to $1.33 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,839.4 (about $1.33), up 2.6% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Aviva Launches $50M Tokenized Sterling Fund on XRP Ledger — questions & answers
What is the size of Aviva's tokenized sterling fund?
The fund is backed by a £50 million investment.
Why did Aviva choose the XRP Ledger for its tokenized fund?
The XRP Ledger offers low transaction costs and fast settlement times, making it suitable for institutional-grade tokenized products.
How does this development affect the XRP price?
XRP has increased 2.56% in the last 24 hours, potentially influenced by positive news about the XRP Ledger's adoption.
How much is 1 XRP worth in naira today?
About ₦1,839.4 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.33. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CoinCodex. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.